Hello BP Nation,This is not a real estate success story in of itself, however, my path to real estate success helped to enable this great success of my youngest son - Santino Barnard who co-stars in a new TV comedy series premiering tonight, October 16th, 2018 on ABC (channel 7) at 8:30 PM Pacific Time.

If too many tenants cannot pay rent due to market conditions (ie. 2008-2010 high unemployment), how do you pay the series of mortgages. 

The contract can say "Buyer may market until their hearts content and take out TV ads on this property".

Then transfer the property into your LLC or Series LLC via a legal trust that is a member of the LLC/SLLC.

For a professional system you can go with no doubt Aiphone GT series  system.

Some units are poorly insulated and the tenant downstairs can hear the tenant upstairs talking on the phone or watching TV.

It‘s about the hours we put in educating ourselves about real estate investing versus watch tv.

You better put this in place before you get in trouble and get sued, after...no point in closing the barn doors after the horses escaped.An LLC is a legal concept, with no tax advantage - you can have it treated as a disregarded entity for tax purposes, or a S-corp or C-corp (but you don't want to hold real estate in an S-corp or C-corp).If available to you, you should look into Series-LLC for the asset holding entity.

I have never been one to play video games or binge watch TV.

I'm new to real estate investing and would like to connect with a CPA to discuss the pros and cons of forming a Series LLC in Utah.